Reduce the incidence of bribery

Reference no: EM13730557

The Ethical Dimension

Bribery and corruption are common in some countries, and for people in those countries, they are a normal part of doing business. U.S. law bans any U.S. company from paying bribes to foreign officials or taking any steps to use illegal means to secure valuable foreign contracts or resources.

1. Why does the United States adopt this ethical and legal stance if people in the country accept bribery as the norm? (150 to 200 words)

2. What could U.S.companies do to help reduce the incidence of bribery in these countries and promote ethical business practices? (150 to 200 words)

NB. Use intext citation in the body of the answer and include a work cited page.

Reference no: EM13730557

Questions Cloud

Explain the current expansion of oil and gas exploration : Much controversy surrounds the current expansion of oil and gas exploration using modern hydraulic fracturing (fracking) techniques in the USA and abroad. With this backdrop in mind, and using Exxon Mobil as the target company-

Characteristics of the target market : Put yourself in the position of an entrepreneur who is developing a new product to introduce into the market. Briefly describe the product. Characteristics of the target market

Counseling process with the employee : Provide your recommendations to the manager on how to start the counseling process with the employee. Describe some possible solutions the manager might suggest to the employee or the employee might suggest to solve these errors.

What does it mean to me and how does it look in my store : Associate Development, What does it mean to me and how does it look in my store

Reduce the incidence of bribery : What could U.S.companies do to help reduce the incidence of bribery in these countries and promote ethical business practices? (150 to 200 words)

What will be the conversion factor : If you find a deliverable bond with a: a 6% coupon rate, what will be the conversion factor?

What is the amount of the firms ebit : Advantage First Corporation has sales of $4,466,950: income tax of $396,030; the selling, general, and administrative expenses of $283,516; depreciation of $342,761; cost of goods sold of $2,682,040; interest expense of $190,074. What is the amount o..

Depreciation computations-five methods : Depreciation Computations—Five Methods) Wenner Furnace Corp. purchased machinery for $279,000 on May 1, 2012. It is estimated that it will have a useful life of 10 years, salvage value of $15,000, production of 240,000 units, and working hours of 25,..

Excellent training program for customer service : For any company that wants to deliver excellent customer service, having an excellent training program for its customer service employees is essential.

User Account

All Pages